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Management Control, 7,5 ECTS Credits
COURSE CATEGORY   Single Subject Course
MAIN FIELD OF STUDY   Business administration - FÖA
  COURSE CODE   723G15
After completed the course the students should be able to:
- describe the role of management control in organizations
- use different theories, models and concepts which are fundamental in the management of organizations
- analyze and discuss the limititations and shortcomings of the traditional means of management control
Management control is a key function in an organization. It is the structure and the process whereby an organization tries to implement its strategic goals. The purpose of control is to achieve efficient use of resources in order to attain organizational effectiveness. For a commercial organization this involves meeting the demands on profitability set by the financial markets. The course gives a broad introduction to the field of management control of organizations and focuses on different theories , models and concepts which can be used by the management. The course covers a wide range of topics related to the management control environment and control process. The topics covered include models for control, organizing for financial resposibility, performance measurement, incentive systems, control in different contingencies, Activity Based Coscting, Balanced Scorecard etc.
The course uses a case approach. The cases are supported by lectures and seminars. In addition to those, the student are expected to study on their own. Languge of instruction: English
Examination of students will be carried out through case seminars and written examination, in a combination of individual and group assignments.

Students failing an exam covering either the entire course or part of the course two times are entitled to have a new examiner appointed for the reexamination.

Students who have passed an examination may not retake it in order to improve their grades.

At least two years of undergraduate studies with at least 60 ECTS credits in Business administration (equivalent). Documented knowledge of English equivalent to Engelska B/Engelska 6: internationally recognized test, e.g. TOEFL (minimum scores: Paper based 575 + TWE-score 4.5, and internet based 90), IELTS, academic (minimum score Overall band 6.5 and no band under 5.5), or equivalent.
The course is graded according to the ECTS grading scale A-F
Course certificate is issued by the Faculty Board on request. The Department provides a special form which should be submitted to the Student Affairs Division.
The course literature is decided upon by the department in question.
Planning and implementation of a course must take its starting point in the wording of the syllabus. The course evaluation included in each course must therefore take up the question how well the course agrees with the syllabus.

The course is carried out in such a way that both men´s and women´s experience and knowledge is made visible and developed.
Management Control
Management Control
Department responsible
for the course or equivalent:
IEI - Department of Management and Engineering
Registrar No: LiU-2008/00111   Course Code: 723G15      
    Exam codes: see Local Computer System      
Subject/Subject Area : Business administration - FÖA          
Level   Education level     Subject Area Code   Field of Education  
G2X   Basic level     FÖA   SA  
The syllabus was approved by the Board of Faculty of Arts and Science 2008-11-12